Showing 1 - 10 of 6,770
Foreign Direct Investment (FDI) has surged in Latin America (LA) since the mid 1990s. European and North American FDI … is of capital importance. We investigate the FDI-growth nexus in LA allowing for different source countries, regional … heterogeneity, interaction terms with FDI, and more than 20 growth determinants. We use Bayesian Model Averaging to address model …
Persistent link: https://www.econbiz.de/10012723831
. Inward FDI is considered as one of the important catalysts of economic development particularly for the resource and capital … poor countries. In this article we have examined the relationship between inward FDI and economic growth in case of one of … variables like inward FDI, per capita Gross Domestic Product (GDP), employment, capital formation, and exports for the period …
Persistent link: https://www.econbiz.de/10013205977
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011885743
The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the specific channels through which high debt affects...
Persistent link: https://www.econbiz.de/10012778208
of tourist arrivals, the trade openness ratio, economic growth, foreign direct investment (FDI), and carbon dioxide (CO2 … causalities running from: (i) renewable energy to CO2 emissions and trade; (ii) tourism to trade and FDI; and (iii) economic … energy, tourism, FDI, trade, and emissions. Thus, renewable energy and tourism are in a strong long-run causal relationship …
Persistent link: https://www.econbiz.de/10012029604
This article analyzes the relationship between GDP growth in seven major Latin American countries and China's demand for their exports. GLS panel estimation using annual data for the period 1994-2013 shows that the relationship was both statistically and economically significant. Control...
Persistent link: https://www.econbiz.de/10012964037
This paper studies the experience of Latin-America [LATAM] with inancial liberalization in the 1990s. The rush towards financial liberalizations in the early 1990s was associated with expectations that external financing would alleviate the scarcity of saving in LATAM, thereby increasing...
Persistent link: https://www.econbiz.de/10014067049
to investigate a set of possible factors that drive inward FDI. Our analysis demonstrates that factor endowments play a … dominant role in driving vertical foreign direct investment, while external market barriers generate “tariff-jumping” FDI. Our … analysis quantifies the effects of round-trip FDI, European integration, and external bilateral free trade agreements vis …
Persistent link: https://www.econbiz.de/10012626417
This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First …, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using … studies, we find that FDI has, on average, a negative effect on growth in developing countries, but that there are large cross …
Persistent link: https://www.econbiz.de/10010286643
This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First …, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using … studies, we find that FDI has, on average, a negative effect on growth in developing countries, but that there are large cross …
Persistent link: https://www.econbiz.de/10008746101